Markaz Arabian Fund achieves return of 27.9 per cent for 2013

Kuwait Financial Centre “Markaz” announced that Markaz Arabian Fund (MAF) achieved an annual return of 27.9 per cent for the year 2013 beating the S&P Pan Arab Benchmark with an active return of 1.3 per cent net of fees. Markaz attributes gains to better stock selection and conservative sector allocation, which kept the volatility and downside risk range bound within each of the countries invested.